Foreigners Withdraw EUR750M From Local Bank Deposits In One Year

01.15.2015 By Liviu Popescu

Foreign investors, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.77 billion at the end of November, the lowest level since the spring of 2009. Against the same period of 2013, deposits shrank by EUR750 million, according to the central bank data.

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Keywords:
banks
, foreigners
, deleveraging